The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Lime's CEO on Going from Losing $3 on Every $1 to $90M in EBITDA | How Lime Built the Global Leader in Micromobility When Competitors Went Bust | Losing 90% of Revenues in COVID and The Uber Deal That Saved the Company with Wayne Ting
Wayne Ting
One of the things that surprised me when I first joined Lime, my expectation was we were only going to work in the biggest mega cities in the world where density, congestion, affordability... the problems of transportation are most acute. I think what surprised me is that we actually do really well in smaller cities. We do really well in places like Omaha, Nebraska, Oklahoma City, Tulsa, Oklahoma.
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